Recent content by Markg2

  1. M

    Can this insurance decision be assisted using probability?

    Thanks for taking the time with this question. Once you wrote out 'probability of totaling...', I realized the excess premium option was not of value. Forget for the moment the relationship between vehicle cost/depreciated value/premium... my age/driving history/location vs. industry published...
  2. M

    Can this insurance decision be assisted using probability?

    USAA offers an auto insurance vehicle replacement option as follows: If the vehicle is totaled, they will increase their payout 20% above the vehicle's depreciated value. My 2018 Honda Ridgeline's December 2020 ~depreciated value = $38k. Does the decision to buy/not buy the option lend itself...